Categories: Tech & Auto

Binance does not need to sell SpaceX shares to cover losses, co-founder says

Oct 30 (Reuters) – Binance does not need to sell its SpaceX shares because its annual revenue is enough to cover losses after hackers stole $6.3 billion from the crypto platform, co-founder Yi He said

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Share
Published by
Indianews Syndication

Recent Posts

Sports court rules Russia can compete in ice hockey world championships

VIDEO SHOWS: ARCHIVE SHOTS OF COURT OF ARBITRATION FOR SPORT / STILLS OF RUSSIAN WOMEN'S…

31 seconds ago

Sanofi teases appetite for larger deals, lifts 2026 growth targets under new CEO Garijo

By Bhanvi Satija LONDON, Oct 30 (Reuters) - French drugmaker Sanofi said on Friday it…

4 minutes ago

Explainer-Binance's $6.3 billion hack: How crypto insurance works

By Noor Zainab Hussain and Manya Saini Oct 30 (Reuters) - Hackers stole $6.3 billion…

5 minutes ago

BRIEF-Trina Solar Q3 Net Loss At 1.7 Billion Yuan

Oct 30 (Reuters) - Trina Solar Co., Ltd.: * Q3 NET LOSS AT 1.7 BILLION…

11 minutes ago

Sports court rules Russia can compete in ice hockey world championships

VIDEO SHOWS: ARCHIVE SHOTS OF COURT OF ARBITRATION FOR SPORT / STILLS OF RUSSIAN WOMEN'S…

12 minutes ago

Hackers steal $6.3 billion from Binance in record heist blamed on North Korea

By Ankur Banerjee, Rocky Swift and Summer Zhen SINGAPORE/TOKYO Oct 30 (Reuters) - Hackers stole…

15 minutes ago